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OpenStudy (dantefemboy):

New Hampshire is one example of a state that did not have ________, so they needed to make up the difference in income by enacted ________ to ensure income for the state. a. sales tax; other taxes b. income tax; sales tax c. funding for education; property tax d. property tax; university tax

OpenStudy (anonymous):

what do you think?

OpenStudy (king.void.):

Due in large measure to the recent national recession and the continuing struggle to recover from it, New Hampshire will face a budget shortfall on the order of several hundred million dollars over the upcoming FY 2012-2013 biennium.The source and size of that deficit should compel state policymakers to use a balanced approach in resolving it, an approach that is not limited simply to reductions in state expenditures, but one that contemplates meaningful changes in the state’s tax system as well. An Overview of New Hampshire’s Tax System explores some of the recent trends in tax collections in New Hampshire, provides a brief description of each of the state’s eight major sources of tax revenue, and highlights several characteristics of the state’s tax system that can help guide policymakers in devising a response to the fiscal challenges now before New Hampshire. Google^

OpenStudy (anonymous):

I Know New Hampshire DOESN"T have Income Tax, that leaves you with one answer.

OpenStudy (dantefemboy):

My guess was A.

OpenStudy (anonymous):

NO

OpenStudy (anonymous):

that's true it doesn't have income tax

OpenStudy (dantefemboy):

So its B? @MafHater Sorry I am so tired. Had a long weekend my brain is FRIED!!! xD

OpenStudy (anonymous):

yeah i think it's B.

OpenStudy (anonymous):

Yes, most likely.

OpenStudy (dantefemboy):

Thanks @MafHater

OpenStudy (dantefemboy):

@MafHater It was A. >.<

OpenStudy (dantefemboy):

When I went back after submitting it it said A was the right answer. Lol

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